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Canada's landlords now asking a record-breaking average of $2,078 per month: rental report (www.ctvnews.ca)
submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca
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According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.

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[-] Uncaged_Jay@lemmy.world 8 points 1 year ago

I will never rent long term ever again, thank God I bought a house.

[-] TruTollTroll@lemmy.world 15 points 1 year ago

Sadly.. You are very lucky you were able to buy a house... Majority now, will never know that luxury which should be considered a human right.

[-] Hyperi0n@lemmy.film 3 points 1 year ago

The majority were never going to own a home to begin with.

[-] TruTollTroll@lemmy.world 6 points 1 year ago

By design. It didn't have to be this way

[-] Bartsbigbugbag@lemmy.ml 2 points 1 year ago

You’re right, but it’s not because of anything innate, but because of particular choices made by your(and my) governments. There are plenty of countries on the planet with 90%+ homeownership, they’re just not typically Free Market Liberal Democracies.

this post was submitted on 30 Aug 2023
446 points (100.0% liked)

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